On October 25, 2019, the Establishment and the First Members Meeting of Beijing Bankruptcy Administrator Association (“BBAA”) was held in Beijing. Zhong Lun had participated in the launch of BBAA. Zhong Lun partner Wang Bing was elected as the vice president and a board member.
The establishment of BBAA marks the formation of a formal, stable and self-disciplined professional organization for all the bankruptcy administrators in Beijing, and will play a significant role to standardize the performance of the administrators’ duties, enhance the administrators’ professionalism and promote the development of the industry. Zhong Lun, as one of the first batch of law firms to enter into the Beijing Municipal Register of the Institutional Administrators for Enterprise Bankruptcy Cases and to launch BBAA, will continue making professional contributions to the development of BBAA and the enterprise bankruptcy work in Beijing.
As one of the first Chinese law firms to provide legal services of bankruptcy reorganization and liquidation, Zhong Lun has been enrolled in the bankruptcy administrators register by Beijing High People’s Court, Shanghai High People’s Court, Shenzhen Intermediate People’s Court, Guangzhou Intermediate People’s Court, Qingdao Intermediate People’s Court, Chengdu Intermediate People’s Court and Wuhan Intermediate People’s Court, and has been elected to be band 1 administrator by Shenzhen Intermediate People’s Court and Shanghai High People’s Court.
Zhong Lun has been highly recommended by Chambers Asia Pacific, a leading legal rating agency in the world, as a Band 1 bankruptcy and restructuring law firm since 2012 till now. Zhong Lun was named best Chinese law firm in bankruptcy, restructuring and liquidation in 2014 and 2018 by Asian-Mena Counsel, the Bankruptcy and Restructuring Law Firm of 2015, 2016, 2017-2018 and 2019 by China Business Law Journal, and outstanding law firm in restructuring and insolvency of 2016, 2018, 2019 and 2020 by Asialaw Profiles.
Zhong Lun has built a bankruptcy and restructuring team consisting of more than 20 experienced partners and near 100 professionals in Beijing, Shenzhen, Shanghai, Guangzhou, Qingdao, Chengdu, Wuhan, Hong Kong offices and is committed to providing clients with multi-dimensional and high-quality legal services including serving as bankruptcy administrator, legal counsel for debtor, legal counsel for creditor, legal counsel for the strategic restructuring party, etc.